53, MALT DRIVE, SOUTH BRINK, WISBECH, PE14 0SR - £124,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 MALT DRIVE is a very small detached house of 46m², built sometime between 1996 and 2002. It was last sold for £124,995 in April 2011, which was around 26% below the average April 2011 detached price in the Fenland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

53 MALT DRIVE Sold Prices

Land registry data shows two sales for 53 MALT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 53 MALT DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 20 APR	£124,995	£168,244	26% below HPI
1996 23 AUG	£47,950	£55,519	14% below HPI

53 MALT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 53 MALT DRIVE sales from August 1996 and April 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 53 MALT DRIVE?

53 MALT DRIVE is 46m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 53 MALT DRIVE lies on this distribution: 1% of detached houses are smaller than 53 MALT DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

53 MALT DRIVE: Plot and Title Map

53 MALT DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 53 MALT DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 53 MALT DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 53 MALT DRIVE?

53 MALT DRIVE is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 53 on MALT DRIVE.